Price Fluctuations in Held Real Estate and Other Assets
First written in FY2019. 1 of 2 entries say "Reframed", first in FY2026. Latest entry: FY2026.
Rvh moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2026: 11 of 21 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Our Group's real estate trading business may temporarily hold real estate for sale as inventory for subsequent sale to investors, businesses and others. As a general policy, the business conducts procurement, execution of real estate sales contracts and delivery within a short period. However, if sales do not proceed as initially planned due to a sudden change in real estate market conditions or the economic environment, this could result in discounts to selling prices or a buildup of real estate inventory for sale.」
The disclosure has become more specific, shifting from the general risk of impairment in the value of owned real estate to the risks of a buildup of inventory for sale, discounts and valuation losses in the real estate trading business. - FY2019First statedAnnual report
「If the value of owned assets is impaired due to economic conditions, business trends or other factors, this could affect the performance and financial position of our Group through impairment losses or losses on the sale of such assets.」
The company discloses the possibility of impairment losses or losses on the sale of business-use real estate and other assets held by the ladies' services business if their value is impaired.